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Section 21 NI Act — “At sight”

The Negotiable Instruments Act, 1881 · Official PDF page 11

Open in NyayaOfficial PDF, page 11

21. “At sight”.—“On presentment”.—Ina promissory note or bill of exchange the expressions “at sight” and “on presentment” mean on demand. The expression “After sight”—“after sight” means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or noth ing for non-acceptance, or protest for non-acceptance.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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